VAT Rate Changes
Dear Valued Clients,
We would like to express our gratitude for choosing us as your business partner.
In regards to the promulgation of Law Number 7 of 2021 concerning Harmonization of Tax Regulations by the Directorate General of Taxes, PT Petroturbo Indonesia (Petroturbo) would like to inform you of the following:
Based on Law Number 7 of 2021, the VAT rate is set at 11% which will take effect on April 1, 2022
Therefore, starting April 1, 2022, Petroturbo will impose a VAT of 11% of the tax base for each Invoice
Should you have any concerns regarding this information, kindly reach our customer support at email@example.com or firstname.lastname@example.org.
PT Petroturbo Indonesia